Doing business guide

Understanding Iraq’s tax position

The “Doing business guide - Understanding Iraq’s tax position” addresses the key tax considerations for doing business in Iraq, alongside key economic, industry and market drivers which impact starting up a business there. The complexity of tax compliance in Iraq has grown in recent years; and as Iraq is mainly dependent on oil for revenues, the drop in oil prices is having a significant effect on the investment market in Iraq.

Deloitte Tax in Iraq

Deloitte Middle East (DME) is a leading provider of compliance and advisory services for Iraq. The team comprises experienced specialists who serve a range of clients who are looking to invest in Iraq, or those who have been present there for some time, but are looking to undertake a historical review of their tax exposures, which may include remedial or long term solutions.

We have a deep understanding of the Iraqi accounting and tax compliance process and we manage accounting and audit, corporate income tax, withholding tax, employment tax and social security compliance for some of the world’s largest companies operating in Iraq. Deloitte has legal entities registered in Baghdad, Federal Iraq and Erbil, and Kurdistan Region, with dedicated Iraqi nationals on the ground to liaise with regulatory and tax authority personnel.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see About Deloitte to learn more about our global network of member firms.